Federation Chambers of Industries Kashmir (FCIK) has expressed its dismay over the "non-implementation" of budget announcements made by the finance minister.
"The waiver of interest and surcharge to the industry on account of outstanding power bills announced by the finance minister during the budget session 2018-19 has not been implemented second time, despite the fact that an order No.273-FD Dated05-06-2018 stands issued by the finance department," read a statement issued by the FCIK.
The scheme that was supposed to give relief to the stressed sectors of industry has again caused "pain and suffering" to the stakeholders and widened the deficit of trust and understanding between the stakeholders and the government, it said.
"The scheme could not be implemented for non-cooperation of PDD authorities and the Babu's who don't seem to be interested in providing any relief to the stressed section of the industry and create hurdles in the way of smooth implementation of otherwise simple and people friendly schemes," it said.
The statement said the scheme in question lapsed without being implemented on September 30.
According the statement the administrative council of FCIK requested president of FCIK Mohammad Ashraf Mir to take up the matter with the government and requested the governor to extend the scheme so that "it yields the results that it was conceived for".